Ringgit Rises As Weaker US Dollar Faces Policy Uncertainties
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.
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KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit closed lower compared to the greenback on Monday on a lack of catalysts for the local note ahead of the release of key US economic data.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 3 (Bernama) -- Bursa Malaysia closed higher on Monday, settling at its intraday high on renewed bargain-hunting activity after last week’s lacklustre trading, in line with the upbeat performance across regional markets.
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in a narrow range as investors await fresh catalysts and assess external developments.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to stay range-bound next week, with analysts anticipating the benchmark index to consolidate amid steady domestic fundamentals.
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit is expected to maintain its positive momentum next week, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee’s (MPC) decision on the overnight policy rate (OPR) on Nov 6 likely to be the main highlight.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit ended firmer against the greenback and major currencies on Friday, supported by improved risk sentiment following the easing of trade tensions between the United States and China.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia ended the week on a softer note, tracking the weaker performance of regional markets.
KUALA LUMPUR, Oct 31 (Bernama) -- The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal Reserve (Fed)’s unexpectedly hawkish interest rate cut on Thursday, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia closed slightly higher today as investors digested corporate earnings releases and monitored regional market developments.